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One of the primary advantages of offshore outsourcing is its cost-effectiveness compared to onshore or nearshore models. This stems from the lower laborcosts prevalent in many offshore destinations. They specialize in delivering custom software solutions for healthcare, finance, and education sectors.
The major consumers of outsourced analytic services are the banking, financial services and insurance (BFSI) sector, accounting for about 33 percent of market revenue in 2014, followed by the healthcare industry. Global Healthcare IT Outsourcing Market to Reach $68.3B percent CAGR ) from 2015 to 2020. . Reference: – [link].
Technavio’s report found that the healthcare sector is the fastest growing segment in terms of outsourcing knowledge-intensive services. . Healthcare providers are working with KPO vendors to update legacy revenue cycle management (RCM) processes and secure intellectual property protection for clinical databases.
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